THE ROLE OF

BUSINESS IN SOCIAL
AND ECONOMIC
DEVELOPMENT
PRESENTED BY
GROUP 1
LEARNING OBJECTIVES
The learners should be able to......

1.1 Differentiate the forms of business

organizations
1.2 Give examples of the forms of business
organizations
1.3 Show how these organizations
contribute to socioeconomic development
WHAT IS BUSINESS?
Also known as an enterprise, agency
or a firm
Small portion of industry
Its main objective is to earn profit for
the owner
An entity involved in the provision of
goods and/or services
FORMS OF
BUSINESS
ORGANIZATIONS
AND ITS
EXAMPLES
SOLE PROPRIETORSHIP
Most common type of
business
Owned by one person
Takes the simplest method
to set up
EXAMPLES OF SOLE
PROPRIETORSHIP

Ukay-Ukay
Business
Sari-Sari stores
Cellphone Loading
Business
PARTNERSHIP

Owned by two or more

Individuals
Two types of partnership
- General partnership
- Limited Partnership
EXAMPLES OF
PARTNERSHIP

Nike & Apple

Levi’s & Pinterest
Burger King & McDonald’s
CORPORATION
A business that is owned by
its shareholders
Has its own legal identity
Can exist for a life span of 50
years
EXAMPLES OF
CORPORATION
San Miguel Corporation
Petron Corporation
Philippine Airlines,
Incorporated
COOPERATIVE
Owned by member-owners
Association of persons with a
common bond of interest
Democratic controlled by
member-owners
EXAMPLES OF
COOPERATIVE
SPC Power Corporation
Global Pinoy Remittance and
Services, Inc.
Philippine Barter Association,pba
HOW DO BUSINESS
ORGANIZATIONS
CONTRIBUTE TO
SOCIOECONOMIC
DEVELOPMENT?
HOW DO BUSINESS ORGANIZATIONS CONTRIBUTE TO
SOCIOECONOMIC DEVELOPMENT?

They provide….

Jobs
Career advancement
Information
Training for employees
 In our topic, the role of business in social and
economic development, we’ve learned a lot. We
can now differentiate the forms of business
organizations and provide examples of each of
them, and show how these organizations
REFLECTION AND contribute to socioeconomic development.
Throughout the years of learning business related
IMPORTANCE OF subjects, we always tackle this topic. However, we
THE TOPIC TO are glad for this topic because it refreshes our mind.
Also, it went through an in-depth discussion and
YOUR COMPANY new knowledge to learn. The importance of this
topic to our company is it helps us label and place
our company in the market. Also, it gives us an
overview about how we can help our community
and the economy as a whole by operating our
business.
ACTIVITY
State some advantages and disadvantages for each
form of businesses

Structure Advantages Disadvantages

Sole Proprietorship

Partnership

Corporation

Cooperative
 Sanchez, Franzyne Lacanilao, howel john Daniel, Mary Rose

Sajor, Erroll Joven Palma, Raven Matunan, John Theo Gutierrez, Chynna Ashley
Thankyou for listening!
 https://www.uaa.alaska.edu/academics/business-enterprise-institute/coop-development/what-
are-

RESOURCES
cooperatives.cshtml#:~:text=Cooperatives%20are%20businesses%20owned%20by,and%20serv
e%20the%20member%20owners.

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philippines/

https://www.makati.gov.ph/cms/business/top-100-corporations/2261?content=3681

https://www.infoisinfo-ph.com/search/cooperative

http://economicsondemand.weebly.com/lesson-1-business-organization.html

https://brainly.ph/question/6066777

https://www.scribd.com/presentation/439829765/The-Role-of-Business-in-Social-and-
Economic-Development#